SunTrust Banks will use a portfolio-processing and accounting system from SEI Investments; SS&C Technologies acquires Investment Advisory Network; Canadian investment-management company AGF has implemented PeopleSoft Enterprise CRM.

Plagued by declining revenues, the data providers seem to be between a rock and a hard place - hamstrung by increasing competition, an aging infrastructure, an ever increasing amount of content, and a customer base that wants to pay less.

Citigroup has been quietly building a project-portfolio-management portal since 2000. The portal has helped CIO Tom Sanzone cut $200 million from his budget and change the way he manages 15,000 developers. Now he's considering putting the system on the market.